equity finance

OpenSolar has secured US$13.1 million in equity financing from technology investors, including Titanium Ventures, Google and others.

US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.

Colorado-based mini-grid specialist Husk Power has secured more than US$100 million in equity and debt funding aimed to grow its community solar mini-grids in rural sub-Saharan Africa and South Asia.

Alternative asset manager Blackstone Infrastructure has invested US$1 billion in equity investment in Invenergy Renewables to support its expansion.

Norwegian distributed solar marketplace Otovo has secured €120 million (US$130 million) in debt and equity financing to expand its residential solar portfolio across Europe.

US independent power producer (IPP) Silicon Ranch has conducted a US$600 million equity raise, bringing its total funds raised in 2022 to over US$1 billion.

US developer, owner and asset manager Longroad Energy has secured a US$500 million equity investment to support its business model shift from a “develop to sale” strategy to the ownership of renewable projects in the US.

Utility-scale renewables developer Intersect Power has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.

Investment firm General Capital has invested US$500 million in developer Pine Gate, which will support its utility-scale solar expansion.

US developer, owner and asset manager Longroad Energy has made an equity investment in developer of distributed generation Valta Energy.